	Minnesota
	Local Newsroom
	Homeownership
	Rental Help
	Homeless
	Local HUD Offices
	Library
	Complaints
	Common Questions
	Calendar
	HUD news
	Homes
	Resources
	Communities
	Working with HUD
	Tools
	Webcasts
	Mailing lists
	RSS Feeds
	Help

Minnesota Multifamily Circulars & Policy


	Information by State Print version

These circulars contain important information, guidance, and policy issued by the Minneapolis Office of Multi-Family Housing.

Circular Number	Issues Covered	Date of Issue
08-02	Policies and Procedures for New Cooperatives Projects	December 1, 2008
08-01	Part 58 Environmental; Minnesota SHPO; Minneapolis Hub’s Moratoria; Coordinating Lender; Market Studies on MN Tax Credit Projects; Energy Efficient Features; Sandwich (Master) Leases in FHA Insured Projects; New Staff Person; Development Staff Lists	April 8, 2008
07-02	FHA Streamlining, Davis Bacon, Third Party Reports	December 31, 2007
07-01	Pre-payments of FHA Insured Loans/Section 250(a) and change to the Active Partner Performance System (APPS)	March 30, 2007
06-02	Cooperative Issues, Requirements of the Design Architect, APPS, and Clarification to Circular 05-02	December 15, 2006
06-01	Automated Processing Forms HUD 92264 and 92264A Exhibits for TAP Refinances of Section 202's using Section 223(f); Covers various issues relating to the underwriting of FHA Insured Loans	May 10, 2006
05-02	Various Issues Relating to Underwriting of FHA Insured Loans: Lender fees (per paragraph 14.15H of the MAP Guide; Requirements of Due Diligence Certification; Requirements for Commercial Credit Reports and Residential Mortgage Credit Reports; Requirement of 2013 Supplements for Spouses; Financial Statement Requirements; Sponsor’s Continuing Commitment: Written Statements from Sponsors Indicating the Parameters of their Financial Commitment to and Contractual relationship with the mortgagor; Smoke Detectors Requirements on Section 223(f)’s; State Historic Preservation Office (SHPO) Review Requirements; Phase I Environmental Reports on New Construction Cooperatives; 202 Refinances (Developer's Fee and work-writeup escrows)	December 15, 2005
05-01	Various Issues Relating to Underwriting/Construction Servicing of FHA Insured Loans: Retainage on both MAP and TAP projects; Requirements for Forms HUD-92264/A, HUD-92273 and HUD-92274 on MAP projects; and addressing Notes payable on financial statements/cost certifications	October 28, 2005
04-05	Revision to Minnesota HUB policy on Ambulatory Travel Distances in FHA Multifamily Projects with elevators	October 22, 2004
04-03	Hub policy on Using MAP and TAP for MAP-Eligible Projects.	September 27, 2004
04-02	Summary of Minneapolis MF Hub Moratoria Areas in Minnesota in order to address potential adverse impact and overbuilding	September 27, 2004
04-01	Revision to Minneapolis MF Hub policy on Ambulatory Travel Distances in FHA Multifamily Projects with elevators	February 18, 2004
03-15	The circular is withdrawn, as it has been found to be in violation of the MAP Guide's prohibition of separate Hub requirements not in conformance with the program.	August 22, 2003
03-14	HUD's requirements relating to Time Extension Change Orders	July 8, 2003
03-13	Moratorium on FHA Insured 221(d)(4) or Section 220 General Occupancy in Rochester Metropolitan Statistical Area	June 27, 2003
03-11	Minneapolis MF Hub guidance on Secondary Financing used to meet cash requirements	May 29, 2003
03-10	Minneapolis MF Hub Underwriting Guidance: Invitation Letters for TAP projects, Returning of TAP appraisals (appraisals submitted prior to Circular 03-02), and Share Collections on Section 213 (Cooperative) projects	May 8, 2003
03-09	Hub Underwriting Guidance on acceptable Occupancy Rates	April 29, 2003
03-07	Guidance on completing HUD-2530, Previous Participation Certification	April 16, 2003
03-06	Underwriting Issue Clarification on Entry Care Units in Assisted Living Facilities	April 10, 2003
03-04	Early Start Requirements	April 7, 2003
03-03	Requirements for Construction Changes	March 27, 2003
03-02	Underwriting Issues: Minneapolis MF Office no longer accepts Appraisal Reports paid for by MAP Lenders for projects that could have been submitted under MAP	March 21, 2003
03-01	Underwriting Guidance: Management Fees for the Management Certification, Requirements for Section 213(i) proposals in Minnesota, Discontinuance of refinancing Section 241(f) mortgages, and additional guidance on underwriting Assisted Living Facilities	February 28, 2003
02-01	Guidance on underwriting Independent Elderly Projects using base rents (without meals), underwriting and sizing of Assisted Living Facilities with Memory Care units, and determining realistic Operating Expense ratios on Assisted Living Projects	December 19, 2002

Policy Notices

	Instructions for completing the FHA 2328 Form
	Market Study Requirements for Section 232 Projects for Purchase
	Accessibility requirements
	Application address line requirements
	Davis Bacon rates
	FHA proposals in Minnesota
	HUD Form 2274
	MAP questions
	Non-profit developer fee
	Pro Rate disbursement of Tax Credits

Content current as of 1 April 2012

	FOIA	Privacy	Web Policies and Important Links	Home
	U.S. Department of Housing and Urban Development 451 7th Street S.W., Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455 Find the address of a HUD office near you